Tuesday, June 14, 2011

Senate votes to continue throwing $6 billion a year down the ethanol rabbit hole

There are precious few occasions where I find myself in agreement with both Tom Coburn and Richard Burr, but today's Senate vote on ending ethanol subsidies was one of those occasions. Sadly, their amendment went down in flames due mostly to overwhelming support by Democrats, including Kay Hagan.

Shame on Kay for supporting this wasteful, budget-busting measure.

Kudos to Coburn, Burr and 33 other GOP senators who showed courage by not only rejecting this tax break but also by breaking with the Americans for Tax Reform and not requiring an offsetting tax break.

I hope that we can agree again under more successful circumstances.